89:
2211:
344:, when many sellers in the community sold various types of bikes and biking accessories. Bukalapak focused on working with these sellers, which led to it being known as a marketplace for bikes at one point. It also contributed to the growth of its user base. The term "pelapak" is commonly used to describe the sellers working with Bukalapak. By 2013, the company recorded an average of IDR 500 million in daily transactions, and was working with more than 80,000 sellers.
29:
2223:
322:
220:
205:
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Furthermore, Bukalapak's financial business includes BMoney and
Bukatabungan. BMoney is an online investment application owned by Buka Investasi Bersama. BMoney users can engage in stock trading transactions of various issuers in Indonesia. Since its launch in 2020, BMoney has served nearly 1 million
382:
Bukalapak has undergone significant development from initially just a marketplace platform to an all-commerce platform serving both online and offline markets. Serving approximately 130 million users and 16.8 million MSME partners, the company has become one of the major players in e-commerce in
415:
participated in
Bukalapak's Series A round, investing for a stake that was less than 20%. Emtek's financial statements in 2015 indicated that Bukalapak received funds from Emtek totalling up to IDR 439 billion. As of July 2020, Emtek holds 35.17% of the company's shares after adjustments—the
390:
Bukalapak's O2O business, referred to as
Bukalapak Partners, enables communities to sell various physical and virtual products alongside basic financial services aimed at individuals without access to banking services (such as money transfers, bill payments, and investments). According to a study
386:
In general, Bukalapak's business lines consist of marketplace, online to offline (O2O), business to business (B2B), financial, and logistics. Bukalapak's marketplace provides various types of products, both physical and virtual, covering various categories such as gadgets, hobbies, fashion, daily
398:
In the logistics business, Bukalapak launched BukaSend in 2019. BukaSend allows
Bukalapak partners to become shipping agents. This service is accessed through the Bukalapak application and can be used to send packages without the need to visit an agent. Since 2020, Bukalapak has also introduced
395:
investors with total assets under management reaching more than Rp1 trillion. On the other hand, Bukatabungan is a digital banking application introduced by
Bukalapak in collaboration with Standard Chartered, a British-based multinational financial services company.
337:, together with his friend Nugroho Herucahyono. Bukalapak means "open a market stall" in Indonesian. Zaky's friend, Fajrin Rasyid, joined the duo to manage Bukalapak's finances. The premise of Bukalapak was simple—to digitise transactions for small businesses.
407:
Following a shaky start, Bukalapak secured funding in June 2011 to keep its operations running, when
Japanese venture capitalist Takeshi Ebihara from Batavia Incubator invested IDR 2 billion in the company. Ebihara was a mentor of the co-founders.
300:
As of 2021, Bukalapak serves over 100 million users and seven million partners, and processes an average of over two million daily transactions. It is one of the largest e-commerce companies in
Indonesia and is its fourth startup to become a
438:
By June 2022, two-third of
Bukalapak's revenue originated from partner companies, with the remaining third from e-commerce. That month, it also announced that losses were expected to exceed US$ 100 million for the
369:
and for leading the company's IPO in August 2021, which was the largest in
Indonesia to date. He resigned four months later after be appointed as Technology and Sustainability Development Special Advisor Deputy at
695:
1161:
423:
In
January 2019, Bukalapak announced the completion of an undisclosed funding round by Mirae-Asset-Naver Asia Growth Fund, a joint venture between South Korean companies Mirae Financial Group and
399:
BukaGudang, a fulfillment service aimed at helping merchants manage their operational activities through warehouse management and storage, packing goods, and distributing items to third parties.
763:
662:
1015:
849:
1599:
387:
necessities, and games. Additionally, there are financial services offered including insurance, loan financing, investment in mutual funds and gold, as well as digital banking.
347:
In December 2019, Zaky announced his plan to resign, and officially resigned in January 2020, appointing Rachmat Kaimuddin as Bukalapak's new CEO. Herucahyono also resigned as
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728:
183:
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313:
was the largest ever at the time, in 2021, when it raised up to US$ 1.5 billion, though it lost nearly 66% of its market value six months later.
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753:
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1932:
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1959:
1488:
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The departure of Bukalapak's entire co-founding team coincided with the laying off of employees. Hundreds of employees from its smart retail,
900:
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819:
1124:
2095:
2066:
1357:
1878:
1146:
1292:
1215:
841:
1595:
2243:
1463:
1090:
577:
PR Awards Marketing Magazine Southeast Asia 2017 – Best PR-led Integrated Communications & Best Direct-to-Consumer PR Campaign
1573:
391:
conducted by Nielsen in 2022, Bukalapak leads digital penetration among small shops in Indonesia with a percentage reaching 56%.
2278:
1651:
874:
785:
1539:
1825:
1064:
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1038:
952:
283:
628:
2123:
593:
1436:
2283:
2013:
1799:
2273:
720:
362:, and marketing divisions were retrenched as part of a change in strategy. Kaimuddin is credited with recruiting
334:
541:
UN Women 2020 Asia-Pacific Women Empowerment Principles (WEPs) Awards – Gender Responsive Marketplace – UN Women
1317:
979:
1343:"Lewat SKJ, Mitra Bukalapak Edukasi Warung Tingkatkan Pendapatan Lewat Strategi Branding – Suara Merdeka"
351:, later starting a venture fund for early-stage startups with Zaky. Rasjid departed in June 2020 to join
2268:
2201:
310:
2155:
88:
1162:"Bukalapak CEO Resigns Months After Leading Indonesian E-Commerce Firm's Historic IPO; Shares Fall"
363:
348:
69:
1623:
73:
306:
293:
The company is involved in the operations of approximately 25% of Indonesian warungs through its
286:(SME). Bukalapak later expanded to digitise small family-owned businesses, known in Indonesia as
811:
547:
Perusahaan dengan Tingkat Pertumbuhan Tertinggi ke-14 di Asia Pasifik dan ke-2 di Indonesia 2020
1116:
1247:
1091:"Perpetual persistence: Bukalapak's new identity after all co-founders moved on (Part 3 of 3)"
431:
invested US$ 100 million in Bukalapak as part of a deal that would see the latter adopt
416:
largest stake among the shareholders. Bukalapak also received investments from Aucfan, IREP,
53:
1514:
467:
282:
company. It was founded in 2010 as an online marketplace to facilitate online commerce for
8:
786:"Perpetual persistence: Bukalapak draws new users into the digital economy (Part 2 of 3)"
2040:
523:
366:
359:
151:
100:
1774:"Bukalapak Mendapat Penghargaan Best Company to Work dan The Most Caring Company 2022"
1565:
1753:
1235:
424:
302:
1734:"Bukalapak Raih Penghargaan Glints Best Employers Awards sebagai Tech Talent Magnet"
2227:
1117:"Bukalapak sheds hundreds of smart retail, internet-of-things, and marketing roles"
1010:
758:
352:
1988:"Bukalapak Borong 16 Penghargaan di Ajang The Best Contact Center Indonesia 2021"
432:
2215:
614:"10 E-Commerce dengan Karyawan Terbanyak pada Kuartal II 2022 | Databoks"
2237:
944:
565:
The Best Contact Center Indonesia 2018 – Indonesia Contact Center Association
556:
The Best Contact Center Indonesia 2019 – Indonesia Contact Center Association
63:
1596:"Bukalapak confirms new funding round by Mirae Asset-Naver Asia Growth Fund"
1190:"Di Balik Kesuksesan Mitra Bukalapak Memberdayakan Usaha Mikro di Indonesia"
875:"Bukalapak raises new funds from Microsoft, eyes local listing, report says"
2100:
2071:
1680:
417:
171:
2210:
1515:"Cara Mendaftar dan Memanfaatkan BukaGudang di Bukalapak | DailySocial.id"
1409:
1659:
1293:"Here's how Bukalapak is transforming Indonesia – one 'warung' at a time"
440:
330:
131:
2178:"Tokopedia Raih Penghargaan Top 50 Most Valuable Indonesian Brands 2016"
340:
Bukalapak's early phase of development coincided with the popularity of
1566:"Bukalapak secures series A financing round from Japan's GREE Ventures"
1147:"Bukalapak Tunjuk Willix Halim Jadi Dirut Baru, Saham Langsung Menguat"
1039:"Bukalapak melejit di tahun 2013, memproses Rp 15 miliar tiap bulannya"
980:"Perpetual persistence: Bukalapak's reversal of fortunes (Part 1 of 3)"
341:
279:
228:
37:
1960:"Bukalapak Meraih Penghargaan Best Companies to Work for in Asia 2019"
1385:"Aplikasi investasi Bukalapak luncurkan fitur layani pengguna premium"
580:
PR Indonesia Awards 2017 – Bronze – Program PR Sub Kategori Digital PR
550:
CNBC Indonesia Award 2019 – The Best E-Commerce 2019 – CNBC Indonesia
428:
321:
2045:
Marketeers - Majalah Bisnis & Marketing Online - Marketeers.com
1489:"Ini Keunggulan Jasa Logistik BukaSend untuk Kebutuhan Toko Online"
1437:"Bukalapak & Standard Chartered Berduet Luncurkan Bank Digital"
1216:"11 Tahun Berkiprah, Bukalapak Berdayakan 13,5 Juta UMKM | Ekonomi"
28:
2041:"Masih Ingat Kampanye Nego Cincai Bukalapak? Seperti Ini Kisahnya"
1708:"Bukalapak Masuk 50 Besar Perusahaan Pengubah Dunia versi Fortune"
1540:"EMTEK Suntikkan Dana Total 432,69 Miliar Rupiah ke Bukalapak.com"
688:"Indonesia expects to have more than 5 unicorns by 2019: minister"
754:"Bukalapak officially becomes Indonesia's fourth unicorn startup"
568:
Citra Pariwara 2017 – Bronze – Digital Viral and Email Marketing
559:
Penghargaan Achmad Bakrie XVI 2018 – Teknologi dan Kewirausahaan
1358:"Bidik 1 Juta Investor, BMoney Luncurkan Fitur Penjualan Saham"
1166:
288:
919:"Indonesia's Largest IPO Turns Into a Flop as Bukalapak Falls"
655:"Indonesia's Newest Unicorn Now Wants to Take on the Big Boys"
2094:
Damar, Agustinus Mario (11 December 2017). Yuslianson (ed.).
2065:
Damar, Agustinus Mario (11 December 2017). Yuslianson (ed.).
1879:"Bukalapak Raih Penghargaan Perusahaan Terbaik untuk Bekerja"
412:
325:
Former logo of Bukalapak, used from 2016 until 23 March 2020.
2096:"Video Kampanye Bukalapak Sabet 3 Piala Citra Pariwara 2017"
2067:"Video Kampanye Bukalapak Sabet 3 Piala Citra Pariwara 2017"
1852:"Momen Sumpah Pemuda, Bukalapak Ajak Masyarakat Dukung UMKM"
1624:"Bukalapak races to bring Indonesian roadside kiosks online"
715:
713:
1464:"BukaSend, layanan baru Bukalapak untuk bantu kirim barang"
1263:"Inisiatif Bangga Lokal, Komitmen Bukalapak Mendukung UMKM"
629:"Achmad Zaky Founded Bukalapak to Improve Small Businesses"
583:
Millward Brown – Top 50 Most Valuable Indonesia Brands 2016
901:"Bukalapak Targets $ 1.5 Billion in Biggest Indonesia IPO"
571:
Citra Pariwara 2017 – Silver – Digital Integrated Campaign
372:
Coordinating Ministry for Maritime and Investments Affairs
1410:"Bukalapak dan Standard Chartered Luncurkan BukaTabungan"
1006:"Bukalapak trains small entrepreneurs one city at a time"
812:"Bukalapak claims it's on track for $ 5b in GMV for 2019"
710:
260:
1906:"Pertumbuhan Bukalapak Tertinggi ke-14 di Asia Pasifik"
2199:
1933:"Bukalapak Raih Penghargaan The Best E-Commerce 2019"
1318:"Tech in Asia – Connecting Asia's startup ecosystem"
1652:"Indonesia's Bukalapak expects wider loss in 2022"
1622:
443:, though revenue is expected to rise by over 60%.
374:. Bukalapak's COO, Willix Halim took over as CEO.
1649:
842:"Transaksi Tahunan Bukalapak Tembus US$ 5 Miliar"
2259:Companies listed on the Indonesia Stock Exchange
2235:
1826:"Bukalapak Raih Penghargaan HR Asia Awards 2021"
1650:SHIBATA, Nana; SDAMAYANTI, ISMI (28 June 2022).
1065:"Indonesia's Bukalapak CEO to resign from post"
192:Howard Gani (director/CEO Buka Mitra Indonesia)
1461:
1382:
1187:
553:Best Company to Work For 2019 – HR Asia Awards
544:Best Company to Work For 2020 – HR Asia Awards
538:Best Company to Work For 2021 – HR Asia Awards
532:Best Company to Work For 2022 – HR Asia Awards
2124:"Bukalapak Raih Penghargaan Tangrams Awards"
2038:
1731:
2039:Triwijanarko, Ramadhan (3 September 2018).
1758:: CS1 maint: numeric names: authors list (
562:Youtube Pulse 2018 – Best Ads – Nego Cincai
189:Victor Lesmana (director/CEO BukaFinancial)
2011:
1876:
411:In February 2014, Indonesian conglomerate
87:
27:
2152:"Winners | PR Awards 2017 Southeast Asia"
1957:
1705:
574:Tangrams Awards – E-Commerce Asia Pacific
535:Alibaba Cloud Awards 2022 – Alibaba Cloud
529:Glints Best Employers Award 2022 – Glints
2264:Indonesian companies established in 2010
320:
2249:Internet properties established in 2010
2014:"Empat Tokoh Raih Achmad Bakrie Awards"
1614:
682:
680:
2236:
1159:
1153:
1127:from the original on 14 September 2019
1036:
748:
746:
2093:
2064:
1982:
1980:
1355:
1286:
1284:
1213:
1160:Burgos, Jonathan (30 December 2021).
974:
972:
970:
869:
867:
626:
477:Bambang Brodjonegoro, Zannuba Arifah
1797:
1620:
1546:from the original on 13 October 2017
1462:antaranews.com (29 September 2020).
1434:
1290:
677:
485:Adi Wardhana Sariaatmadja, Lu Zhang
329:Bukalapak was co-founded in 2010 by
1930:
1903:
1260:
743:
13:
1977:
1673:
1576:from the original on 29 March 2019
1335:
1310:
1291:Kaur, Dashveenjit (25 July 2022).
1281:
1214:Group, Gatra Media (20 May 2016).
1037:Lukman, Enricko (8 January 2014).
1018:from the original on 29 March 2019
967:
955:from the original on 29 March 2019
945:"Achmad Zaky – Endeavor Indonesia"
864:
852:from the original on 1 August 2019
822:from the original on 1 August 2019
766:from the original on 29 March 2019
665:from the original on 1 August 2019
635:from the original on 29 March 2019
521:Fortune's Change the World 2022 –
14:
2295:
1800:"Penyerahan Alibaba Cloud Awards"
1416:(in Indonesian). 5 September 2022
731:from the original on 17 June 2019
594:List of unicorn startup companies
435:as its preferred cloud platform.
2244:Online marketplaces of Indonesia
2221:
2209:
1849:
1602:from the original on 18 May 2019
698:from the original on 19 May 2019
219:
218:
204:
203:
2184:(in Indonesian). 12 August 2016
2170:
2144:
2132:(in Indonesian). 9 October 2017
2116:
2087:
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2032:
2005:
1951:
1924:
1897:
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1356:developer, mediaindonesia com.
1349:
1254:
1207:
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1139:
1109:
1083:
1057:
1030:
998:
937:
911:
893:
627:Putri, Liviani (23 July 2018).
335:Bandung Institute of Technology
1732:Liputan6.com (26 April 2022).
1383:antaranews.com (16 May 2023).
1071:. Nikkei Inc. 29 December 2021
834:
804:
778:
647:
620:
606:
1:
2279:2021 initial public offerings
1706:Republika (17 October 2022).
1621:Tani, Shotaro (2 June 2022).
1188:antaranews.com (9 May 2023).
721:"What are unicorn companies?"
599:
446:
16:Indonesian technology company
333:after he graduated from the
284:small and medium enterprises
7:
1435:Pramisti, Nurul Qomariyah.
587:
377:
242:PT Buka Pengadaan Indonesia
10:
2300:
2254:Companies based in Jakarta
1958:Bukalapak (21 June 2019).
1904:Hastuti, Rahajeng Kusumo.
1261:Hastuti, Rahajeng Kusumo.
474:Independent Commissioners
402:
316:
515:
311:Indonesian Stock Exchange
255:
239:PT Buka Investasi Bersama
227:
212:
208:Rp1,9 triliun (2021)
199:
162:
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124:
106:
96:
79:
61:
47:
35:
26:
1681:"About Us – Our Leaders"
2284:Elang Mahkota Teknologi
1798:Chaniago, Dok Bernard.
464:President Commissioner
307:initial public offering
236:PT Buka Mitra Indonesia
2274:500 Startups companies
326:
112:; 14 years ago
949:endeavorindonesia.org
420:, and GREE Ventures.
324:
468:Bambang Brodjonegoro
427:. In November 2020,
272:PT Bukalapak.com Tbk
110:10 January 2010
22:PT Bukalapak.com Tbk
1598:. 16 January 2019.
509:Natalia Firmansyah
452:
367:venture capitalists
278:, is an Indonesian
214:Number of employees
139:Nugroho Herucahyono
23:
1687:. PT Bukalapak.com
1362:mediaindonesia.com
1322:www.techinasia.com
1246:has generic name (
451:
360:internet of things
327:
184:Natalia Firmansyah
85:ID1000162001
54:Perseroan terbatas
21:
2269:Indonesian brands
1631:. Financial Times
1493:Wartakotalive.com
925:. 19 January 2022
661:. 12 April 2018.
513:
512:
269:
268:
223:2.962 (2022)
2291:
2226:
2225:
2224:
2214:
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2205:
2194:
2193:
2191:
2189:
2182:Republika Online
2174:
2168:
2167:
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2158:on 29 March 2019
2154:. Archived from
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2012:BeritaSatu.com.
2009:
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1877:BeritaSatu.com.
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1414:Republika Online
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1011:The Jakarta Post
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848:. 31 July 2019.
846:Bisnis Indonesia
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818:. 31 July 2019.
808:
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759:The Jakarta Post
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2104:(in Indonesian)
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2020:(in Indonesian)
2010:
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1992:pressrelease.id
1986:
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1939:(in Indonesian)
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1885:(in Indonesian)
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1850:Anam, Khoirul.
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1656:asia.nikkei.com
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